Thaai Casting (NSE:TCL) Quick Ratio: 0.92 (As of Sep. 2025) — 16% Above Median


NSE:TCL Thaai Casting Ltd NSE:TCL
12 GF Score
Price ₹98.95
! 8 Warning Signs
View Full Analysis

What is Thaai Casting Quick Ratio?

Thaai Casting NSE:TCL -1.05% 12 Quick Ratio is 0.92 as of Sep. 2025, which is 16% above its 10-year median of 0.79. GuruFocus rates NSE:TCL with a GF Score™ of 12/100. The stock has 8 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Thaai Casting ranks worse than 58.94% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Thaai Casting's quick ratio for the quarter that ended in Sep. 2025 was 0.92.

Thaai Casting has a quick ratio of 0.92. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Thaai Casting's Quick Ratio or its related term are showing as below:

NSE:TCL' s Quick Ratio Range Over the Past 10 Years
Min: 0.67   Med: 0.79   Max: 1.02
Current: 0.92

During the past 5 years, Thaai Casting's highest Quick Ratio was 1.02. The lowest was 0.67. And the median was 0.79.

NSE:TCL's Quick Ratio is ranked worse than
58.94% of 1337 companies
in the Vehicles & Parts industry
Industry Median: 1.05 vs NSE:TCL: 0.92

Thaai Casting  (NSE:TCL) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Thaai Casting Quick Ratio Related Terms


Thaai Casting Quick Ratio Historical Data

* Premium members only.

The historical data trend for Thaai Casting's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thaai Casting Quick Ratio Chart

Thaai Casting Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Quick Ratio
0.67 1.02 0.79 0.96 0.75

Thaai Casting Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25
Quick Ratio Get a 7-Day Free Trial 0.79 0.96 0.76 0.75 0.92

NSE:TCL vs ORLY, AZO: Quick Ratio Comparison

For the Auto Parts subindustry, Thaai Casting's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thaai Casting Quick Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thaai Casting's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Thaai Casting's Quick Ratio falls into.


NSE:TCL
12GF Score
Thaai Casting Ltd NSE:TCL
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thaai Casting Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Thaai Casting's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Quick Ratio (A: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(954.63-420.362)/708.6
=0.75

Thaai Casting's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1175.417-474.31)/759.115
=0.92

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.92 mean?
Thaai Casting (NSE:TCL) has a Quick Ratio of 0.92 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Thaai Casting and its competitors. This is 16% above median its historical median of 0.79. Over the past decade, Thaai Casting's Quick Ratio has ranged from 0.67 to 1.02. According to the industry distribution chart, Thaai Casting ranks #788 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 58.9%.
Is Thaai Casting's Quick Ratio too high?
Thaai Casting's current Quick Ratio of 0.92 is 16% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 1.02. The Vehicles & Parts industry median Quick Ratio is 1.05. Thaai Casting's value of 0.92 is 12.4% below this industry median. Based on the distribution chart, Thaai Casting ranks #788 out of 1337 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Thaai Casting has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Thaai Casting's Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Thaai Casting ranks #788 out of 1337 companies for Quick Ratio. This places Thaai Casting in the lower half of its industry. The industry median Quick Ratio is 1.05. Thaai Casting's value of 0.92 is 12.4% below this benchmark. Historically, Thaai Casting's own Quick Ratio has ranged from 0.67 to 1.02 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.05, Thaai Casting has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.05, based on 1,337 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thaai Casting's current Quick Ratio of 0.92 is 12.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Thaai Casting and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thaai Casting's current Quick Ratio is 0.92, which is 16% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thaai Casting stock overvalued right now?
Thaai Casting (NSE:TCL) has a current Quick Ratio of 0.92. The current Quick Ratio is 0.92, which is 16% above median its 10-year median of 0.79 and 12.4% below the Vehicles & Parts industry median of 1.05. Thaai Casting's overall GF Score™ is 12/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Thaai Casting (NSE:TCL), the current Quick Ratio is 0.92 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Thaai Casting Business Description

Address 7th Cross Street, No. A-20 SIPCOT Industrial Park, Pillaipakkam, Tiruvallur, Sriperumbudur, TN, IND, 602105
Thaai Casting Ltd is a distinguished automotive ancillary company, specializing in high-pressure Die Casting, as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. Its products portfolio encompasses a diverse range of Automobile components, including Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature Steering Wheel, Electrical Connectors, YFG Base Frame (Right-hand drive side/Left-hand drive side), Housing, Top Cover, and more.
12GF Score

Get the complete analysis for NSE:TCL

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹98.95
Price